Some original equipment manufacturers (OEMs) are already moving forward with their plans to switch to electric vehicles. One such OEM is Volvo of Sweden. The XC40 Recharge, the company’s first electric vehicle, debuted in 2019 and has just been introduced in India.

It is widely considered that with the release of the new flagship model, the firm has entered the next phase of its journey, charting a clear course toward an all-electric future.

As part of its goal to become a climate-neutral corporation by 2040, Volvo Cars plans to unveil one new fully electric car per year starting with the Volvo EX90, and to sell only fully electric cars by 2030.

Volvo Cars CEO Jim Rowan has stated that the EX90 is a representation of the company’s identity and future direction. The electric sport utility vehicle (e-SUV) on display in downtown Stockholm will be manufactured in the United States starting in 2019 and afterwards in China. The corporation has stated that having two separate production facilities is an effort toward carbon neutrality.